What is the Modern Slavery Act 2015?
The Modern Slavery Act 2015 (the “Act”) came into effect in March 2015 to combat modern slavery (e.g. human trafficking and forced labour) which affects almost 21 million people worldwide. The purpose of the legislation is to tackle modern slavery by requiring larger businesses to disclose their actions taken during each financial year. This ensures that modern slavery is not part of their business or their supply chain.
What are the requirements?
Section 54 of the Act requires businesses supplying goods and services in the UK with a turnover of over £36 million to publish an annual Slavery and Human Trafficking Statement (a “Statement”) every financial year. The requirement also applies to include subsidiaries meeting the threshold.
Why does the Act affect Audax?
Audax understand that when large businesses publish their Statement, they need to conduct due diligence on their supply chains, who in turn will also have to do the same. We understand that larger businesses may not be willing to work with SMEs that do not have transparent supply chains.
Audax therefore take careful steps to ensure modern slavery doesn’t take place during the process of supplying goods and services.
Our voluntary commitment to the principles of the Modern Slavery Act 2015
Audax is committed to the principles of the Modern Slavery Act 2015 and the abolition of modern slavery and human trafficking. As an equal-opportunities employer, Audax is committed to creating and ensuring a non-discriminatory and respectful working environment for its staff.
Audax’s recruitment and people management processes are designed to ensure that all prospective employees are legally entitled to work in the UK and to safeguard employees from any abuse or coercion once in our employment.
Our Voluntary statement and Policy can be found on our Support Page